meszaros

XAUUSD before 11% increase...

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
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16
XAUUSD before 11% increase. I assume that the exchange builds a first wave of a rising triple wave structure. This wave structure can be symmetrical to the wave axis (green line). Its size is similar to the wave A for movement. If my analysis is correct, then the price target price is 1421 usd. I refer fundamentally to Captain Walker's analysis (https://uk.tradingview.com/chart/US30USD...) fears of inflation rather than financial uncertainty.